Upon completion of this course, students should be familiar with the following:

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1 Professor: Nathan Harness, Ph.D. Class Time: MW 12:30 to 1:45 PM Place: BA 256 Office Hours: by appointment Phone: REQUIRED TEXTS/MATERIALS: Intro to Business Finance: Fin 304 Fundamentals of Financial Management, Concise 7 th edition., by Brigham and Houston, 2011 (ISBN: tel: ). Financial Calculator: TI BA-II or comparable (not alpha programmable). I will only be teaching from the BA- II. For free guidebook see: Supplemental texts may be used during the lectures. To be able to pass the quizzes and exams I highly suggest regular viewing of lectures and adequate notes. COURSE DESCRIPTION: This course will focus predominately on an intermediate comprehension of and business management. We will start with a review of accounting and basics of time value of money. Next, we analyze financial statements in order to identify a firm s strengths and weaknesses. We then move to financial leverage and financial forecasting concepts, as well as theories for managing current assets and current liabilities. The second half of the course will be devoted to advanced time value of money concepts and methods companies use to choose acceptable investment projects. MAJOR TOPICS COVERED: Upon completion of this course, students should be familiar with the following: Major Forms of Business Organizations Shareholder Wealth Maximization Calculation of Present Values Calculation of future Values Basic Accounting Statements Ratio Analysis Capital Allocation process Bonds and Their Valuation Stocks and Their Valuation Risk and Return Cost of Preferred Stock Cost of Capital Capital Budgeting Analysis

2 2 ATTENDANCE/PARTICIPATION: Attendance is encouraged, but not required. If there is a need to curve the final grades, I will consider attendance and class participation. Some quizzes and assignments will not be scheduled; rather they will be given on random days throughout the semester. Given the difficulty of this material, you will NOT pass this class without regular reading (prior to class), class attendance, and participation. TEACHING PROCEDURES: The class will be conducted in a lecture/discussion format. Be prepared to discuss and ask questions about the material assigned for each class period. This will require that you read the material prior to the class period during which it will be discussed. Although many of the issues covered in the readings will be discussed in class, all the areas covered in the readings will not be part of class discussion. You are encouraged to participate in class. Participation is based on volunteering for class activities and exhibiting a positive attitude, demonstrated by attentive, courteous, and respectful behavior at all times. The nature of this course encourages an interactive forum, and everyone has something valuable to contribute. Disruptive or rude behavior will not be tolerated. EXAMS: There will be TWO regular exams and a final. You will be responsible for information from class discussion, required readings, and homework. No makeup exams will be given unless for a University allowed excused absence. For an excused absence, the make-up exam will be administered prior to the scheduled exam. If you need to miss an exam for an excused absence let me know IN ADVANCE so we can make arrangements. Anyone missing an exam (unexcused) will replace this missed exam with the final. Anyone missing two exams will automatically fail the class. It is very important that you understand the exam policy. In short: 1. Don t miss an exam without an excused absence or pay the penalty of a double weighted final 2. It is not necessary to notify me when you miss an exam as it will automatically be replaced with the final unless it is a University excused absence as discussed below under POLICY ON LATE WORK. 3. Don t miss two exams or you will fail the course. ASSIGNMENTS/QUIZZES: You will receive quizzes/assignments during the semester. The number of quizzes/assignments is not set so your total point value will be an average of all assignments and quizzes. These assignments and quizzes will include text questions and/or supplemental activities. There will be no make ups for quizzes or assignments, however; I will drop the lowest quiz/assignment grade. This will allow anyone to miss one quiz/assignment without penalty. If you don t miss any quizzes/assignments I will drop your lowest score instead. This will reward those who complete all quizzes and assignments. PARTICIPATION: This course is based on the belief that mastery of the subject matter occurs through taking an active role in the learning process. Students are expected to attend class regularly and punctually. Lectures will be

3 3 most beneficial when you complete assigned readings before topics are discussed in class. Assignments should be read prior to the appropriate class meeting. GRADING INFORMATION: POINT VALUE DUE DATE Homework/Quizzes 200 See schedule Exam I 250 See schedule Exam II 250 See schedule Final Exam 300 See schedule TOTAL POINTS 1000 Final Grades will be determined by the following schedule: A: points B: points C: points D: points F: points Grades of "I" (incomplete) will not be given to students who merely do not come to class, have failed to satisfactorily complete the course, or who beg, bother, or otherwise pester this instructor. Refer to the University's policy regarding incompletes for further information. ACADEMIC INTEGRITY/PLAGIARISM: All academic work must meet the standards contained in A Culture of Honesty: Policies and Procedures on Academic Honest. Students are responsible for informing themselves about those standards and for observing the University Honor Code. Plagiarism occurs when a student submits work that is not his or her own. This includes copying from printed materials, websites, or from other people. All students are expected to turn in work that has been completed individually, unless otherwise informed by the instructor. Any assignment containing plagiarized material will automatically be graded as zero. The instructor will use the available technology at hand to determine if you have or appeared to have cheated. You are required to access all data and lectures available to you during the semester. ADA: The Americans with Disabilities Act (ADA) is a federal anti-discrimination statute that provides comprehensive civil rights protection for persons with disabilities. Among other things, this legislation requires that all students with disabilities be guaranteed a learning environment that provides for reasonable accommodation of their disabilities. If you have a disability requiring an accommodation, please contact: Office of Student Disability Resources and Services Texas A&M University-Commerce Gee Library Room 132 Phone (903) or (903) Fax (903) StudentDisabilityServices@tamuc.edu

4 4 CIVILITY IN THE CLASSROOM: Students are expected to assist in maintaining a classroom environment that is conductive to learning. Inappropriate behavior shall result in minimally a request to leave the online classroom. POLICY ON LATE WORK: Late work WILL NOT BE ACCEPTED without a university excused absence as defined by Texas A&M Commerce Rules and Procedures R0.01. Note: keep a copy of your work - this protects you in the event of questions about missing assignments. Excused absences include and are limited to: Pre-authorized religious holidays Participation in a required/authorized university activity Voting on Election Day Obligation of student at legal proceedings in fulfilling responsibility as a citizen Documented death in a student's immediate family Verified illness Resulting in Hospitalization or Long-Term Illness COURSE OUTLINE: Week of Chapter Notes Aug 25 th Chapter 1 Sep 1 st Chapter 5 University closed on Sep 1 st Sep 8 th Sep 15 th Chapter 3 Sep 22 nd Exam 1 Exam will be on the 22nd Sep 29 th Chapter 4 Oct 6 th Chapter 2 Oct 13 th Oct 20 th Chapter 7 Oct 27 th Exam II Exam will be on the 29th Nov 3 rd Chapter 9 Nov 10 th Nov 17 th Chapter 8 Nov 24 th Chapter 10 Dec 1 st Dec 10 th Final Exam Same room 1:15 to 3:15PM NOTE: THE COURSE SYLLABUS IS A GENERAL PLAN FOR THE COURSE. DEVIATIONS ANNOUNCED TO THE CLASS BY THE INSTRUCTOR MAY BE NECESSARY

5 Criteria Title Description Strength Unsatisfactory Emerging Proficient Exemplary not understanding any of the fundamental demonstrate some the fundamental demonstrate most of the fundamental FIN Learning Statement ID FIN Level Name Course Group Code ECO FIN Criteria Title Description Strength Unsatisfactory Emerging Proficient Exemplary not any valuation techniques of securities, projects and valuation techniques but none of the application to the projects or valuation techniques and some of the application to the projects or FIN Learning Statement ID FIN Level Name Course Group Code ECO FIN Criteria Title Description Strength Unsatisfactory Emerging Proficient Exemplary demonstrate all of the fundamental valuation techniques and all of the application to the projects or FIN not these processes or there measurement. these processes but not the measurement. most of these processes and there measurement. all of these processes and there measurement. Based on the following learning objectives:.01- Demonstrate an the fundamental and its principles and methods;.02 - Understand and apply valuation techniques of securities, projects and ;.03 - Demonstrate an understanding and show ability to measure financial decisions in a risk/return environment.

6 This page must be completed and given to the instructor before the second class period. COURSE: INSTRUCTOR: NAME: I have received, read and understand this syllabus as presented by the instructor and am clear as to the requirements and effort that will be required to succeed in this course. Signature Date

FIN 571 International Business Finance

FIN 571 International Business Finance I. Course Description The scope and content of international finance have been fast evolving due to the deregulation of financial markets, product innovations, and